The Mars 94/96 Mission will carry, among others things, the balloon probe experiment. The balloon with the scientific cargo in the gondola underneath will drift in the Mars atmosphere, its altitude will range from zero, in the night, up to 5 km at noon. The accurate gondola altitude will be determined by an altimeter. As the Balloon gondola mass is strictly limited, the altimeter total mass and power consumption are critical; maximum allowed is a few hundred grams a few tens of mWatts of average power consumption. We did propose, design, and construct the laser altimeter based on the single photon ranging technique. Topics covered include the following: principle of operation, altimeter construction, and ground tests.